Amid the immense hype around exchange-traded funds, the eyes are on the Spot Cardano ETF approval as the deadline nears. At present, only two spot ETFs are functioning, Bitcoin and Ethereum, each with high attention. More importantly, both witnessed high inflows and an impact on their tokens’ value. The same is expected for the Cardano token, resulting in highly anticipated approval odds on Polymarket. Will the SEC finally say yes to this ADA ETF? Let’s discuss. Polymarket Cardano ETF Approval Odds Hit 71% Grayscale filed for the ADA ETF at the beginning of the year, along with others. It is rumored that the SEC has acknowledged the filing and is set to make a decision on May 29, 2025. As the SEC’s decision deadline nears, the odds of Cardano ETF approval hit an ATH of 71% after its crash to 49% at the beginning of the month. The 71% approval… Read More at Coingape.com

The post Cardano ETF Odds Hit ATH Ahead of May 29 Deadline: Will SEC Finally Approve? appeared first on CoinGape.

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